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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Summary of Computation of Earnings Per Share

The following table summarizes our net loss and the number of common shares used in the computation of basic and diluted loss per common share, which includes the weighted average number of common shares outstanding and the effect of dilutive potential common shares, if any.

 

 

 

For the Three Months Ended

 

 

For the Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(Amounts in thousands, except per share amounts)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing Operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss from continuing operations attributable to

   common stockholders

 

$

(2,055

)

 

$

(8,921

)

 

$

(21,576

)

 

$

(15,187

)

Earnings allocated to unvested participating securities

 

 

(17

)

 

 

(14

)

 

 

(54

)

 

 

(40

)

Numerator for loss from continuing operations per

   common share - basic and diluted

 

 

(2,072

)

 

 

(8,935

)

 

 

(21,630

)

 

 

(15,227

)

Discontinued Operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income from discontinued operations attributable to

   common stockholders

 

 

-

 

 

 

1,963

 

 

 

-

 

 

 

5,307

 

Earnings allocated to unvested participating securities

 

 

-

 

 

 

(4

)

 

 

-

 

 

 

(14

)

Numerator for income from discontinued operations

   per common share - basic and diluted

 

 

-

 

 

 

1,959

 

 

 

-

 

 

 

5,293

 

Numerator for loss per common share - basic and diluted

 

$

(2,072

)

 

$

(6,976

)

 

$

(21,630

)

 

$

(9,934

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic loss per common share - weighted

   average shares

 

 

218,706

 

 

 

221,461

 

 

 

218,690

 

 

 

223,593

 

Effect of dilutive stock-based compensation plans (1)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Denominator for diluted loss per common share - weighted

   average shares

 

 

218,706

 

 

 

221,461

 

 

 

218,690

 

 

 

223,593

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) Income per Common Share - Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations, net

 

$

(0.01

)

 

$

(0.04

)

 

$

(0.10

)

 

$

(0.07

)

Discontinued operations, net

 

 

-

 

 

 

0.01

 

 

 

-

 

 

 

0.03

 

Loss per common share - basic and diluted

 

$

(0.01

)

 

$

(0.03

)

 

$

(0.10

)

 

$

(0.04

)

 

(1)

The effect of dilutive securities excludes 23,862 and 22,941 weighted average share equivalents for the three months ended September 30, 2021 and 2020, respectively, and 23,785 and 23,795 weighted average share equivalents for the nine months ended September 30, 2021 and 2020, respectively, as their effect was anti-dilutive.